Coin Circle Academician: On September 19th, Litecoin (LTC) is about to usher in a major change, and the mysterious veil will soon be lifted! A comprehensive analysis of short-term operational strategi

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1 year ago

Coin Circle Academician: Litecoin (LTC) is about to usher in a major change on September 19, and the mysterious veil is about to be unveiled! Short-term operational strategies fully analyzed!

As a Coin Circle Academician dedicated to protecting the interests of investors, I sincerely wish my fans to achieve financial freedom in 2024. Let's work hard together.

Price trend analysis K-line form: The current price of Litecoin is fluctuating between $60 and $66, forming a clear box oscillation range. The recent K-line shows a slight upward trend, but the overall increase is still limited.

Technical indicators: MACD: DIF and DEA are gradually approaching the zero axis, and the MACD histogram has turned from negative to positive, indicating that the bullish momentum is increasing. EMA: The short-term EMA (7) has crossed above the medium-term EMA (30) and is approaching the long-term EMA (120), indicating the possibility of further upward movement in the short term.

On the 4-hour cycle, the MACD is starting to contract, and the K-line shows a trend of oscillating upward in the $60 to $65 range, with strong buying pressure. The current price is above EMA7, EMA30, and EMA120, and shows a clear bullish arrangement, supporting further bullishness.

Volume: The trading volume remains at a relatively high level, indicating that market participation is still active.

Short-term strategy reference:

Long at 63, defend at 62, stop loss for long position: 61

Short at 66, defend at 68, stop loss for short position: 69

Specific operations need to be adjusted based on real-time market data. For more information, please consult the author. Please note that there may be delays in the publication of the article, and it is recommended for reference only. The risk is at your own.

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